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Foresters Financial Overview

New York, NY
1001 to 5000 employees
1874
Other Organization
Finance
$2 to $5 billion (USD) per year
Foresters Financial Services, Inc. provides everyday families and individuals with financial solutions, guidance, and tools, to meet their needs across all life stages. Our financial representatives, who are among the best trained in the business, offer personalized service ... Read more

Foresters Financial – Why Work For Us?


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Foresters Financial Services, Inc. provides everyday families and individuals with financial solutions, guidance and tools, to meet their needs across all life stages. Our financial representatives offer personalized service combined with a solid, long-term approach and fresh thinking, to help you:

  • save and invest for retirement, education and other life events
  • create retirement income strategies
  • protect the ones you love
  • plan your legacy

Our financial representatives will meet in your home, our office or yours, or whatever location works for you. From the first handshake, we take the time to get to know you in order to develop customized solutions designed specifically for your unique, individual and family needs. To help you achieve the retirement you want, your Foresters Financial Representative will partner with you to develop retirement strategies and solutions that help provide income before and during your retirement, based on your financial situation and goals and using a number of practical time-tested tools.

Our strong, client-first culture means that you will work with a financial professional who is among the best trained in the business, combining a solid financial approach with fresh thinking—and who uses expertise and personalized attention to help develop the solutions that make sense for you at every stage of your life.

Our goal is to build solid relationships and long-term value to help you grow, protect and enjoy what you have—by making sure your financial strategies work as hard as you do.

You can also take pride in knowing that you are part of Foresters™, an international financial services provider that gives back to the community and cares deeply about family well-being. Each year Foresters organizes thousands of community activities, providing financial contributions and hands-on volunteerism in support of charitable partners that make a meaningful and lasting impact in local communities.

Together, we can help you achieve financial and family well-being—now and tomorrow, this generation and the next.


Foresters Financial™ and Foresters™ are trade names and trademarks of The Independent Order of Foresters (a fraternal benefit society) and its subsidiaries, including Foresters Financial Services, Inc. Foresters Financial Services, Inc. does not provide legal, tax or estate planning services. All investing involves risk, including the risk that you may lose money.

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Foresters family of companiesThe Independent Order of Foresters (Foresters)

Foresters is an international financial services provider with more than three million clients and members in Canada, the United States and the United Kingdom. We provide life insurance, savings, retirement and investment solutions that help families achieve their financial goals and make a lasting difference in their lives and communities.

Foresters owns all of the companies described below, either directly or indirectly.

Foresters Canada
In this website, “Foresters Canada” means the operations of the Foresters family of companies in Canada. This includes Foresters when it sells insurance or provides member benefits in Canada.

Foresters Life Insurance Company (Foresters Life)
Foresters Life is a Canadian incorporated life insurance company, which provides financial security to Canadians through quality life insurance and annuity products. Qualifying Foresters Life insureds and annuitants are also members of Foresters, and receive Foresters unique member benefits.

Foresters Life is a member of Assuris.

Foresters US
In this website, “Foresters US” means the operations of the Foresters family of companies in the United States. This includes Foresters when it sells life insurance or provides member benefits in the US and Foresters Financial Holding Company, Inc. which owns the following subsidiaries:

  • Foresters Financial Services, Inc., a registered broker-dealer
  • Foresters Investment Management Company, Inc., a registered investment advisor for First Investors Family of Funds
  • Foresters Life Insurance and Annuity Company, a New-York domiciled company that develops and issues life insurance and annuity products
  • Foresters Investor Services, Inc., a transfer agent, which maintains shareholder records and handles questions from clients and representatives
  • Foresters Advisory Services, LLC, a registered investment advisor

Foresters Equity Services, Inc. (Foresters Equity)
Foresters Equity Services, Inc. is an broker-dealer and registered investment advisor. Through Foresters Equity, financial professionals have access to a wide range of investment products, programs and services designed to meet a variety of investment objectives. For more information, visit forestersequity.com 

Securities and Advisory Services offered through Foresters Equity Services, Inc | Member FINRA, SIPC | 6640 Lusk Boulevard, Suite A202 San Diego CA 92121 | T: 800 350 9885

Foresters UK
In this website, “Foresters UK” means the operations of the Foresters family of companies in the United Kingdom. This includes Foresters when it provides member benefits in the UK.

Forester Life Limited (Forester Life)
Forester Life is an insurance company incorporated in the United Kingdom which provides a range of straightforward financial solutions to help address life's challenges for protection, saving, investing and pension planning. Our products are designed to meet today's needs for flexible terms, low charges and clear and simple conditions.

Qualifying Forester Life insureds and annuitants are also members of Foresters, and receive Foresters unique member benefits.

The Children's Mutual (TCM)
The Children's Mutual specializes in savings and investment for children. The Children's Mutual is the trade name of Forester Fund Management Ltd., a wholly owned subsidiary of Forester Life. TCM is an investment management company for the Child Trust Funds. For more information on The Children's Mutual, please visitthechildrensmutual.co.uk

Foresters Financial and Foresters are trade names and trademarks of The Independent Order of Foresters (a fraternal benefit society, 789 Don Mills Road, Toronto, Canada M3C 1T9) and its subsidiaries.

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Our Mission

To help families achieve their financial goals and make a difference in their lives and communities.

Our Values

The cornerstone of our unique, familial culture is our values.

  • Serving clients' needs is the cornerstone of our business. We know that by serving our clients well, our own success will follow.
  • We will not compromise our integrity. The women and men of Foresters Financial maintain the highest ethical standards in everything we do.
  • We have a passion for excellence. We are motivated to perform to the best of our abilities, while constantly striving for improvement.
  • We treat everyone with respect. In all of our interactions with clients and colleagues, we strive to be kind, caring, and courteous.
  • We have a strong work ethic. All members of the Foresters Financial family are committed to working hard and working together to deliver the highest possible level of client service.

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What You Will Do

  • Recommend solutions to your clients for their investment needs
  • Collaborate with others in developing presentations delivered in group settings or one-on-one
  • Keep in touch with clients to ensure that they have the right products for their current needs
  • Create referral opportunities and build a referral-based practice
  • Determine the course for your career in terms of financial objectives


How We Help You

Our extensive training program and state-of-the-art learning system is designed to prepare you so you are both business savvy and confident when working with your clients.

You will enjoy a professional office environment with all the support and tools you need to be successful.

New Representatives start out earning wages and commissions, so while you take care of your clients, we take care of you.


What You Need

  • Strong communication and marketing skills with the ability to work one-on-one with clients
  • The ability to plan your day and achieve goals
  • An interest in developing financial strategies and a genuine concern for the welfare of others
  • An entrepreneurial work ethic and the desire to achieve financial success
  • Bachelor's degree or equivalent work experience

If you are still in college, but would like first-hand experience to learn if such a career is right for you, then consider our Internship Program.


Foresters Financial is a member of:

  • FINRA (Financial Industry Regulatory Authority
  • ICI (Investment Company Institute)
  • ASBO (Association of School Business Officials)
  • NTSAA (National Tax Shelter Account Association)
  • ASPPA (American Society for Pension Professionals and Actuaries)

Foresters Financial is building a brighter future… one Representative at a time!


Foresters Financial™ and Foresters™ are the trade names and trademarks of The Independent Order of Foresters (a fraternal benefit society) and its subsidiaries, including Foresters Financial Services, Inc. All securities products are offered through Foresters Financial Services, Inc. Life insurance and annuities are distributed by Foresters Financial Services, Inc. and issued by Foresters Life Insurance and Annuity Company or The Independent Order of Foresters.

Foresters Financial Reviews

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Michael Stramaglia and Sonia Baxendale
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  • "Great Environment With An Emphasis On Professional/Personal Growth"

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    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
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    • Senior Management
    Former Employee - Financial Representative in Rochester, NY
    Former Employee - Financial Representative in Rochester, NY
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at Foresters Financial full-time (Less than a year)

    Pros

    TEAMWORK- While starting a financial practice is a lot of work, the Senior Advisors who work in Rochester are very helpful and always a tap on the shoulder away from help. Of course when you are new you will not have all the answers your clients are looking for. However, with your co-workers and management assisting you at every turn, it is not difficult to become a proficient and knowledgable financial professional. There were two Senior Reps I could always count on to call when I had questions, or simply needed encouragement.

    LEADERSHIP- The management always has your best interest in mind. Even in the months since I have left, I look back and realize that EVERY SINGLE piece of advice they gave me was for the growth of my practice. One on one meetings with the Branch Manager or the New Rep Development Manager were always helpful and encouraging.

    AUTHENTICITY- Foresters never suggested that I sell a product that didn't make sense to the client. It is true that there are internal contests for the reps that sold the most Life Insurance in a given time. However with the diversity of not only our clients' needs, but also the products that Foresters sells, there is never a need to sell an ill-advised product, nor did anybody in our branch do that. The compliance department of Foresters, while strict, made it impossible for our reps to sell like that.

    Cons

    DISCOURAGING- To be successful at this career, you need to be extremely confident in who you are and your gifts. Lots of nights I would walk away from the office discouraged because I might have blown an "easy" sale, or not have gotten any referrals on a call. Luckily for the Rochester branch, everyone is very supportive. YOU MUST BE WILLING TO ACCEPT CRITICISM! IMPOSSIBLE TO GROW WITHOUT FEEDBACK OF MORE EXPERIENCED REPS.

See All 416 Reviews

Foresters Financial Photos

Foresters Financial photo of: Foresters Financial in Time Square
Foresters Financial photo of: Delivering the differnce
Foresters Financial photo of: First Investors Corporation
Foresters Financial photo of: First Investors Corporation
Foresters Financial photo of: First Investors Corporation
Foresters Financial photo of: First Investors Corporation
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Foresters Financial Interviews

Experience

Experience
46%
31%
22%

Getting an Interview

Getting an Interview
40%
36%
16%
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Difficulty

2.1
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  1.  

    Financial Representative Interview

    Anonymous Interview Candidate
    Declined Offer
    Positive Experience
    Easy Interview

    Application

    I applied through college or university. I interviewed at Foresters Financial.

    Interview

    It is divided into parts. The first part is a group interview and then they schedule you for private interviews. The position is very commission based but they are very understanding if you are not comfortable with that so they are happy to accommodate and assist, if they can.

    Interview Questions

    • There was no certain question that was asked but, in the group interview, the interviewer asks a lot of theoretical and factual questions.   Answer Question
See All 322 Interviews

Foresters Financial Awards & Accolades

  • Outstanding Internship Organization of the Year, University at Buffalo, 2011
  • Barron's/Lipper's Best Fund Families of 2011, Barron's, 2011

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